The Commit to Wealth Podcast - Creating Generational Wealth through Real Estate Investing

Juan Vargas / Multifamily Real Estate Investing / Apartment Investing / Rea

The Commit to Wealth Podcast brings you tips, strategies and insights from today's biggest real estate entrepreneurs. Whether you're a beginner or an experienced real estate pro looking to take your business to the next level, you will get real life actionable advice, value and motivation so you can commit to building wealth and live a life built on YOUR terms. read less
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Episodes

CTW 148: Randy Langenderfer - Understanding Preferred Returns
Nov 2 2020
CTW 148: Randy Langenderfer - Understanding Preferred Returns
Randy has 25+ years of various corporate leadership experiences in multiple industries, primarily in the risk and governance areas. He currently serves as the Chief Compliance and Audit Officer for a large academic medical institution in Houston, TX. He has a bachelor’s degree in Accounting, Information Systems, an MBA in Finance and is a CPA. Randy has been investing in real estate since his first primary residence purchase of a duplex. Previously, he was a private money lender in the remodeling of single family homes in Florida, Ohio and Texas with a combined market value in excess of $2.5M. His recent focus has been exclusively in multi-family properties. He has been a general partner in 258 doors representing over $11M in assets managed and a limited partner in numerous more. Topics Covered Understanding “the simple model” Getting into the Investment Executive Summary Investor friendly v. sponsor friendly models Know your sponsor Assessing your sponsor/GP Nuggets of Wealth What is a good tool, source, or platform that you use almost daIly that can also help others? SpreadsheetsWhich book are you currently reading and which one has had the biggest impact on your life? The Ride of a Lifetime. Mastering the Market CycleAdvice for someone wanting to invest in MF? Invest in your real estate educationDo you have any rules for success that you live by? Be in it for the long haulAt the end of your life, how do you want to be remembered? Husband, father, someone that gave backWhat’s the best way my audience can reach out to you? Randy.langenderfer@invest-ark.com Invest-ark.com
CTW 145: Ekaterina Stepanova - Getting Started as a Mobile Home Park Investor
Jul 30 2020
CTW 145: Ekaterina Stepanova - Getting Started as a Mobile Home Park Investor
Ekaterina got her start in real estate investing at the age of 24, when she acquired a small apartment in her hometown of Moscow, Russia. Soon after, she immigrated to the US and continued her desire of residential rental property investing and eventually commercial property investing, acquiring 2 mobile home communities. Topics Covered Using the background you already haveFinding partnershipsPros and cons of park owned homesReducing expensesEvaluating what makes a good mobile home parkUnderstanding mobile home park financing from and underwriting perspective Nuggets of Wealth What is a good tool, source, or platform that you use almost daIly that can also help others? Project Management Software - Monday.com Which book are you currently reading and which one has had the biggest impact on your life? This Could Be Our Future: A Manifesto Do you have any rules for success that you live by? Lead by Example, Stay Consistent How do you best manage your time? High Performance Planner At the end of your life, how do you want to be remembered? Live with Purpose, Impact Others Where can CTW Nation go to contact you or find out more about M2K Partners? katerina.kfs@gmail.com www.mhptribe.com Facebook Group - MHPTRIBE Frank Rolf Mobil Home Park Academy & Podcast Spencer Rowe - Southeast Conference for Mobile Home Park Owners 5 Step Ultimate Fundraising Guide can be downloaded here https://equitytree.io/
CTW 141: Kevin Bupp - From Multifamily to Mobile Homes
Jun 17 2020
CTW 141: Kevin Bupp - From Multifamily to Mobile Homes
Kevin is the co-founder of Sunrise Capital Investors through which he acquired and transacted on mobile home communities with a transaction value of over $100M. He is the host of not only 1 but 2 “Top-Rated” podcasts, Real Estate Investing for Cash Flow & The Mobile Home Park Investing Podcast. He has been investing in real estate since the early age of 20 and has not looked back. -Advice for someone looking to get into MHP investing? Either passively or actively. Topics Covered: Starting out and hustling to learnUnderstanding mobile home parksWhat to look for when investing in mobile home communitiesPark owned v. tenant owned homesWays to add value to mobile home communitiesWeathering COVIDGetting into the parking lot space Nuggets of Wealth What is a good tool, source, or platform that you use almost daIly that can also help others? SlackWhich book are you currently reading and which one has had the biggest impact on your life? RAD, Think and Grow RichDo you have any rules for success that you live by? Find out what you really enjoy doing. 1,001 ways to make money in RE but find the path that aligns with you and your goals in life.How do you like to give back? (He’s the founder of several charitable organizations) Help others, charitable bike ride - donates $45k-$60k to charitiesAt the end of your life, how do you want to be remembered? Someone that provided a positive impact on their lives. Gave back to society.Where can CTW Nation go to contact you or find out more about Sunrise Capital Investors? kevinbupp.com, sunrisecapitalinvestors.com, 72hourstokeywest.com, Contact@SunriseCapitalInvestors.com Get a FREE Ebook at www.parkinglotprofits.com
CTW 140: Jorge Abreu - Entering Mutli-Family Through Construction
Jun 9 2020
CTW 140: Jorge Abreu - Entering Mutli-Family Through Construction
Jorge has been Investing in Real Estate full time for over 14 years, having wholesaled over 200+ Properties, Fixed & Flipped over 100+ properties and developed $8M worth of several new construction projects. He is the CEO of Elevate Commercial Investment Group and has he now has ownership interest in 3,200 units, both on the LP and GP sides. In addition, he is the CEO of JNT Construction, where he focuses on helping Multifamily Investors with their full renovations. Topics Covered Clear communication with investors, daily logs, video, pictures, updatesUnderstanding preferred rate of returnLooking for acquisitions amidst the pandemic/recessionBuilding systems right the first time the prepare to scale Nuggets of Wealth What is a good tool, source, or platform that you use almost daIly that can also help others? Active Campaign = CRM and marketingWhich book are you currently reading and which one has had the biggest impact on your life? E-Myth, Can’t Hurt Me, Dare to LeadWhat was the best business advice you ever received? Hire others better than you.Rules for success? #1 Focus, #2 Don’t be afraid to be uncomfortable, #3 Find where you can add valueWhere do you see your business in 5 years? Continue to focus on MF. Originally said 10,000 units by 2021, 20,000 units over 5 years. Continue to grow on that end.At the end of your life, how do you want to be remembered? Family to give them more than what I have. Family Man. Good business owner.Where can CTW Nation go to contact you or find out more about Elevate Commercial Investment Group or JNT Construction? elevatecig.com - Free Ebook jntconstruct.com jorge@elevatecig.com Free checklist LinkedIn account: https://www.linkedin.com/in/jorgelabreu Facebook account: https://www.facebook.com/jorge.abreu Instagram account: http://www.instagram.com/jorgemultifamily "
CTW 137: Jason Pero - Building an Empire from Scratch
Apr 14 2020
CTW 137: Jason Pero - Building an Empire from Scratch
Jason got his start in real estate investing in 2001 after buying his first duplex with his wife. From there he was able grow his portfolio up to 300 units before he was able to leave his job in pharmaceutical and medical device sales in 2012. He currently owns over 900 units throughout the Erie, Pennsylvania market and he under contract on another 127 units. Topics Covered Learning to run a business on the fly Understanding seller carried financing Using regional and local bank financing treat as a bridge loan Look for 20-30 years on mortgages to stretch out cashflow Understanding small balance loans Setting yourself up to weather a downturn and market shocks Hiring people who are better than you Building positive tenant relationships   Nuggets of Wealth What is a good tool, source, or platform that you use almost daily that can also help others? Facebook Groups, PropertywareWhat was the best business advice you ever received? Work harder on yourself than you do on your job.How do you best manage your time? Make time for yourself and family. Go for run and gym.What book are you currently reading and which one has had the biggest impact on your life? The Compound Effect, Old Charlie’s Almanac quotes by Charlie MungerAt the end of your life, how do you want to be remembered? Loved his family, gave his all to his family friends and business.Where can Commit to Wealth Nation go to contact you and find out more about you and your business? www.perorealestate.com, jasonpero@yahoo.com